Southwest Airlines Co. Ratios and Metrics

Market cap in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 6, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Cap	18,653	18,334	17,163	14,822	17,208	21,825
Market Cap Growth	8.46%	6.83%	15.79%	-13.86%	-21.16%	-7.83%
Enterprise Value	21,031	20,153	14,904	12,662	14,517	18,457
PE Ratio	49.66	52.32	44.24	38.00	38.70	26.61
Forward PE	10.37	15.58	21.53	27.85	11.30	41.58
PEG Ratio	-	0.29	3.58	0.84	0.26	12.06
PS Ratio	0.78	0.76	0.73	0.66	0.84	1.61
PB Ratio	2.74	2.67	1.93	1.64	1.87	2.44
P/TBV Ratio	2.56	2.89	2.09	1.76	2.02	2.51
P/FCF Ratio	-	-25.64	-12.53	-48.39	-149.25	13.96
P/OCF Ratio	11.89	11.57	43.18	5.44	5.28	10.92
EV/Sales Ratio	0.87	0.83	0.63	0.56	0.71	1.36
EV/EBITDA Ratio	5.72	11.78	8.76	8.43	7.12	7.17
EV/EBIT Ratio	50.88	54.73	53.96	65.70	16.59	12.46
EV/FCF Ratio	-29.71	-28.19	-10.88	-41.34	-125.91	11.81
Debt / Equity Ratio	0.67	0.67	0.59	0.85	0.86	1.11
Debt / EBITDA Ratio	3.01	3.01	4.07	5.27	3.98	4.10
Debt / FCF Ratio	-7.20	-7.20	-5.06	-25.84	-70.38	6.76
Net Debt / Equity Ratio	0.35	0.35	-0.06	-0.22	-0.27	-0.31
Net Debt / EBITDA Ratio	1.38	1.38	-0.34	-1.30	-1.21	-1.08
Net Debt / FCF Ratio	-3.31	-3.31	0.42	6.39	21.35	-1.77
Asset Turnover	0.89	0.89	0.78	0.73	0.66	0.45
Inventory Turnover	10.98	10.98	11.36	11.51	12.56	11.82
Quick Ratio	0.40	0.40	0.80	1.03	1.28	1.84
Current Ratio	0.52	0.52	0.92	1.14	1.43	1.97
Return on Equity (ROE)	4.81%	4.81%	4.46%	4.39%	5.11%	10.13%
Return on Assets (ROA)	1.07%	1.07%	0.71%	0.46%	2.10%	3.58%
Return on Invested Capital (ROIC)	1.58%	1.58%	1.23%	0.85%	4.08%	7.06%
Return on Capital Employed (ROCE)	2.16%	2.16%	1.40%	0.91%	3.90%	6.35%
Earnings Yield	2.01%	1.91%	2.26%	2.63%	2.58%	3.76%
FCF Yield	-3.79%	-3.90%	-7.98%	-2.07%	-0.67%	7.16%
Dividend Yield	1.61%	1.79%	2.14%	2.49%	0.00%	0.00%
Payout Ratio	90.48%	90.48%	92.47%	92.04%	0.00%	0.00%
Buyback Yield / Dilution	11.69%	11.69%	0.95%	-0.28%	-0.23%	-0.20%
Total Shareholder Return	13.30%	13.48%	3.09%	2.21%	-0.23%	-0.20%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.